Real Estate Forums
| Mortgage Information Mortgage information is often part and parcel with Real Estate Information Questions about mortgages, financing etc this is the forum for all mortgage related discussion. |
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I am a mortgage banker who is looking to answer any mortgage related questions you may have. If you have any questions regarding real estate financing please do ask away.
I am putting a list of questions together to write a couple articles about the mortgage process. We are also looking for link partners...
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We offer mortgage loan and usps zipcodes. We also host the zip codes finder directory. Last edited by jseamless : 10-05-2004 at 04:51 AM. |
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What do you recommend for my situation...
I want to get in to real estate investing and not sure what finance plan is the best. I owe $110K and my house is valued at around $330K. I currently have a ($120K) 30 year fixed @7.5% which I've had for 4 years. I want to get as much cash out to invest, but keep my monthly payments around the same as it is now. I plan on staying in my current home for another 2-5 years, then upgrade to a bigger home. My neighbor has several rental properties and says he only does interest only loans on his home and all investment propoerties. My mentor who was my father just resently pasted away and was very successful in real estate investing, but he didn't have a chance to teach me. Thanks for your help. |
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